Fact-checked by Grok 2 weeks ago

KCB Group

KCB Group Plc is a financial services holding company headquartered in Nairobi, Kenya, and serves as one of East Africa's largest commercial banks, having been established in 1896 as a provider of retail, corporate, and investment banking services.^[1] The group operates in seven East African markets—Kenya, Tanzania, South Sudan, Uganda, Rwanda, Burundi, and the Democratic Republic of Congo—along with representative offices in Ethiopia and Brussels, Belgium, impacting over 32 million customers through an extensive network of 455 branches, 1,224 ATMs, and over 1.3 million merchants and agents.^[2] As a non-operating holding company, KCB Group oversees a portfolio of subsidiaries that include core banking entities such as KCB Bank Kenya Limited and Trust Merchant Bank (TMB), as well as non-banking arms like KCB Bancassurance Intermediary Limited, KCB Investment Bank, KCB Asset Management, KCB Foundation, and Kencom House Limited.^[1] Its services encompass traditional banking, mobile and internet banking platforms, a 24-hour contact center, and over 200 global correspondent relationships, enabling cross-border transactions and financial inclusion initiatives across the region.^[1] Over the years, the group has expanded significantly from its Kenyan origins, including the divestiture of its National Bank of Kenya subsidiary in May 2025, becoming a key player in regional economic development while maintaining a focus on innovation, sustainability, and customer-centric solutions.^[3]

Corporate Profile

Overview

KCB Group Plc is a non-operating financial services holding company headquartered in Nairobi, Kenya, and listed on the Nairobi Securities Exchange under the ticker symbol KCB.^[4]^[5] Established in 1896 as a branch of the National Bank of India in Mombasa, the group has evolved into a major player in the African financial sector, overseeing subsidiaries that deliver banking, insurance, and investment services across East Africa.^[5]^[6] Guided by its motto "For People. For Better," KCB Group emphasizes accessible financial solutions to support economic growth and community development throughout the region.^[7]^[5] As of the first half of 2025, the group reported total assets of KSh 1.97 trillion, solidifying its position as East Africa's largest commercial bank by assets.^[2]^[8] It achieved a net profit of KSh 32.3 billion for the same period, reflecting an 8% year-on-year increase driven by resilient operations amid regional economic dynamics.^[2] In recognition of its commitment to sustainable practices, KCB Group was awarded Africa's best bank for corporate responsibility in 2025 by Euromoney, highlighting its integration of environmental, social, and governance principles into core business strategies.^[9]

Headquarters

The primary headquarters of KCB Group is located at the Kenya Commercial Bank Plaza, commonly known as KCB Towers, situated in Nairobi's Upper Hill district along Kenya Road, off Hospital Road.^[10] This 21-story skyscraper, standing at approximately 109 meters tall, serves as the main administrative hub for the group's operations in Kenya.^[11] Construction on the building began in December 2010 and was completed in 2015, marking it as a key development in Nairobi's skyline.^[10] Architecturally, KCB Towers features a modern design emphasizing sustainability, including solar panels for energy generation and rainwater harvesting systems to promote environmental efficiency.^[12] The structure provides around 21,200 square meters of rentable office space across its floors, accommodating executive offices, administrative functions, a state-of-the-art banking hall, conference facilities, and customer service areas.^[10] It also includes underground parking for approximately 450 vehicles, supporting the daily influx of staff and visitors.^[10] Beyond the central headquarters, KCB Group maintains an extensive network of 192 branches across Kenya, facilitating widespread access to banking services in urban and rural areas.^[13] Regional offices within Kenya further support localized operations. The KCB Foundation, dedicated to corporate social responsibility initiatives, is headquartered at Kencom House on Moi Avenue in central Nairobi, an older facility that continues to house certain group functions.^[14] Strategically, KCB Towers plays a pivotal role in the group's daily operations as a central command for decision-making and service delivery, while standing as a prominent landmark in Upper Hill, Nairobi's premier financial district.^[11]

Historical Development

Origins and Early Years

The origins of KCB Group trace back to July 1896, when the National Bank of India (NBI), established in 1863 in Calcutta, opened its first branch in Mombasa, Kenya, during British colonial rule. This branch, initially renting premises from local merchant Sheriff Jaffer, was established to support the burgeoning trade activities of the Imperial British East Africa Company and the growing Indian trading community in the port city.^[15]^[5] Expansion followed rapidly amid colonial economic development. In 1904, NBI opened its first branch in Nairobi, operating from a modest tin shack to serve the emerging inland trade hub, including the Indian bazaar and settler activities. By 1911, the bank had established additional branches in Nakuru and Kisumu, totaling eight branches across five towns by the eve of World War I. NBI played a pivotal role in financing colonial trade, acting as the sole banker to the Uganda Railway from 1908 by managing provident funds with guaranteed interest rates, and providing deposit and credit facilities to support East African railways construction, agriculture, and international commerce along the Europe-South Africa-India axis.^[5]^[15] The pre-nationalization era saw further evolution through mergers and operational shifts in the 1950s. In 1958, NBI's Kenyan operations merged with Grindlays Bank to form the National Overseas and Grindlays Bank Limited, emphasizing commercial lending to European settlers and emerging local businesses. This period marked a focus on upcountry expansion to include African customers by the early 1960s.^[5]^[15] Early challenges included the impacts of World War II, which led to the closure of branches like the one in Kakamega—opened during the 1929-1939 gold rush—due to wartime economic disruptions and resource constraints. Post-war decolonization pressures accelerated recovery, with the bank reaching 18 branches in 10 towns by 1948, adapting to shifting demographics and the push for African economic inclusion amid Kenya's independence movement.^[15]

Nationalization and Kenyan Growth

In July 1970, the Kenyan government acquired a 60% stake in National and Grindlays Bank (International) Limited, renaming it Kenya Commercial Bank Limited (KCB) and adopting the motto "Being closer to the people" to emphasize its commitment to serving the local population.^[5]^[16] The bank was formally inaugurated on November 12, 1970, marking a pivotal shift toward national control and integration into Kenya's post-independence economic framework.^[15] This nationalization transformed KCB into a key instrument for domestic financial development, with the government assuming majority ownership to align banking services with national priorities.^[17] The privatization process began in 1988 with an initial public offering (IPO) on the Nairobi Securities Exchange (NSE), through which the government sold 20% of its shares, marking the first such privatization via the NSE.^[18]^[19] Further divestitures continued into the 2000s, including a rights issue in 2010 that reduced the government's stake to 17.31%, as part of broader efforts to enhance private sector participation and improve the bank's efficiency.^[18] By the early 2000s, ongoing share sales had significantly diminished direct government control, allowing KCB to operate more as a commercial entity while retaining a public listing on the NSE since 1988.^[4] Under government ownership, KCB experienced substantial domestic growth in Kenya, expanding its branch network from a limited base in 1970 to a more extensive presence by the 1990s, enabling broader access to banking services in urban and rural areas.^[5] The bank introduced targeted financial products, such as sub-loans for small and medium-sized enterprises (SMEs) starting in 1976 through partnerships like the International Finance Corporation's line of credit, and agricultural financing to support rural economies.^[20] These initiatives helped KCB play a central role in fostering economic inclusion and development within Kenya. During the 1980s, under President Daniel arap Moi's administration, KCB benefited from and contributed to economic reforms aimed at national development, including structural adjustments that emphasized public sector efficiency and investment in key projects.^[21] The bank's involvement in financing infrastructure and agricultural initiatives aligned with government policies, evidenced by its 41.5% increase in pre-tax profits to Sh375 million in 1989 and contributions of Sh260 million in taxes and dividends, underscoring its growing impact on Kenya's economy.^[18]

Regional Expansion

KCB Group's regional expansion began in the early 2000s as part of a deliberate strategy to extend its footprint beyond Kenya, leveraging the stability of its domestic operations to tap into emerging markets across East and Central Africa. The bank established its first international subsidiary in Tanzania in 2006, opening branches to serve cross-border trade and regional commerce. This was followed by entry into South Sudan in 2006, where KCB obtained a license to operate amid the post-conflict economic recovery, establishing over 20 branches by the mid-2010s to build a customer base exceeding 138,000. Uganda marked the next phase in 2007, with KCB Bank Uganda incorporated as a tier-one commercial bank, focusing on retail and corporate services to capitalize on the country's growing economy. By 2008, KCB had launched operations in Rwanda with an initial branch in Kigali, laying the groundwork for deeper integration.^[5]^[22]^[23] The expansion accelerated in the 2010s with the establishment of KCB Bank Burundi in May 2012, completing the bank's presence across the East African Community (EAC) and enabling seamless regional connectivity for clients. In 2016, KCB restructured as a non-operating holding company, KCB Group Plc, to centralize oversight of its subsidiaries in Kenya, Tanzania, Uganda, Rwanda, Burundi, and South Sudan, facilitating coordinated growth and risk management. Key acquisitions further solidified this footprint: in 2019, KCB acquired full ownership of National Bank of Kenya (NBK), enhancing its domestic capabilities while supporting regional synergies through shared infrastructure; however, in May 2025, KCB sold NBK to Access Bank Plc.^[24]^[25]^[26]^[27] The 2021 acquisition of an 85% stake in Banque Populaire du Rwanda (BPR) from Atlas Mara and Arise B.V., followed by a merger in 2022, transformed KCB's Rwandan operations into the larger BPR Bank Rwanda Plc, boosting its market position. Similarly, the 2022 completion of the Trust Merchant Bank (TMB) acquisition in the Democratic Republic of Congo (DRC) marked entry into Central Africa, leveraging TMB's established network for rapid scaling.^[28]^[29] This outward growth was driven by a pan-African vision to diversify revenue streams away from Kenya's economic volatility, including currency fluctuations and political risks, while pursuing opportunities in high-growth markets with rising financial inclusion demands. The strategy emphasized cross-border trade facilitation, SME lending, and digital banking to align with EAC integration goals, enabling KCB to capture a larger share of intra-African commerce. By the first half of 2025, regional subsidiaries accounted for 33.4% of the group's profit before tax, underscoring their contribution to overall resilience and asset growth, with non-Kenyan units comprising 30.7% of total assets.^[30]^[31]^[32] Despite these successes, the expansion faced significant challenges, including navigating diverse regulatory environments across jurisdictions, such as obtaining approvals for acquisitions and ensuring compliance with varying capital requirements. Integration of acquired entities like BPR and TMB involved harmonizing systems, cultures, and operations, often delayed by bureaucratic hurdles and local stakeholder consultations. In newer markets like the DRC, political instability added layers of risk, while broader issues like foreign ownership caps in prospective entries, such as Ethiopia, highlighted ongoing adaptation needs.^[33]^[29]

Ownership and Governance

Ownership Structure

KCB Group Plc has been publicly listed on the Nairobi Securities Exchange (NSE) since 1988, following the initial privatization of a 20% government stake in the bank. As of November 2025, the company's market capitalization stands at approximately KSh 210 billion, reflecting its position as one of the largest banks by market value on the NSE.^[4]^[34] The ownership structure features a diverse shareholder base, with significant institutional holdings. As of June 2025, the Government of Kenya, through the National Treasury, holds the largest stake at 19.76%, represented by 635,001,947 shares. The National Social Security Fund (NSSF) follows with 10.01%, or 321,734,192 shares. Other notable institutional investors include Norges Bank Investment Management at 1.91% (61,429,474 shares) and BlackRock, Inc. at 0.61% (19,622,003 shares), while the remaining shares are distributed among retail investors and smaller institutions, contributing to a free float of around 80%.^[4]^[35]^[36]^[37] The evolution of ownership traces back to full government control in the 1970s following nationalization, which transitioned to partial privatization starting in 1988 with the sale of shares on the NSE. Further divestitures in the 1990s reduced state ownership, and by the 2010s, the free float exceeded 50%, enhancing broader investor participation and market liquidity.^[4]^[19]^[38] KCB Group maintains regulatory compliance through adherence to ownership disclosure requirements set by the Central Bank of Kenya (CBK) and the NSE, including regular reporting of shareholder profiles and material changes in shareholding. This ensures transparency and alignment with the Capital Markets Authority's guidelines on corporate governance.^[39]^[40]^[41]

Board of Directors

The Board of Directors of KCB Group PLC comprises 10 members as of 2025, including a mix of independent non-executive directors, executive directors, and nominees, providing supervisory oversight on the group's strategic direction, risk management, and compliance.^[42] The board is chaired by FCS Dr. Joseph Kinyua, appointed in May 2023, who leads efforts in ensuring robust corporate governance and alignment with stakeholder interests.^[42]^[43] Key members include Alice May Kirenge, an independent director since November 2021, who chairs the Human Resources (Remuneration) Committee and Governance Committee while serving on the Audit and Nominating Committees to oversee financial reporting, executive compensation, and board effectiveness.^[42] Lawrence Njiru, a director since August 2018, contributes to risk oversight through memberships in the Human Resources, Governance, and Nominating Committees.^[42] Ahmed Mohamud Mohamed, appointed in August 2020, focuses on strategic matters as a member of the Audit, Human Resources, Governance, and Nominating Committees.^[42] The board also features Geoffrey Malombe as the government nominee from the National Treasury, appointed in November 2022, representing public sector interests.^[42]^[43] Other notable directors include Anuja Pandit (since August 2022), serving across all major committees for comprehensive strategic input, and Paul Russo, the Group CEO and an executive director since May 2022.^[42] The board delegates specific responsibilities to standing committees, including the Audit and Risk Committee for financial integrity and internal controls, the Human Resources Committee for remuneration and talent management, the Governance Committee for board composition and ethics, and the Nominating Committee for director appointments and succession planning.^[42]^[44] These committees collectively ensure strategic oversight, regulatory compliance, and mitigation of operational risks across the group's regional operations.^[44]^[45] In terms of diversity and tenure, the board maintains gender balance with three female directors—Alice May Kirenge, Anuja Pandit, and Bonnie Okumu—representing 30% women, alongside regional representation through members with East African and international expertise to support the group's multinational footprint.^[42] Average board tenure balances experience, with long-serving members like Lawrence Kiambi (since 2014) complemented by recent appointees such as William Asiko (since September 2024).^[42]

Executive Management

The executive management of KCB Group PLC comprises a team of seasoned professionals responsible for the day-to-day operations and strategic execution of the bank's objectives across its regional footprint. Led by Group Chief Executive Officer Paul Russo, EBS, appointed on May 1, 2022, the team implements board-approved policies, driving initiatives in digital innovation, customer-centric services, and sustainable finance to enhance group performance.^[46] Russo, who brings over 25 years of experience in banking and human resources, previously served as Group HR Director at KCB, Managing Director of National Bank of Kenya, and Regional Business Director at KCB Group, with earlier roles at Barclays, PwC, and other institutions; his educational background includes an MBA from Strathmore University Business School, a Bachelor of Business Management from Moi University, and a Senior Executive Program certificate from Harvard Business School.^[46] Under Russo's leadership, the executive team has prioritized the transformation of KCB into a leading financial services provider, focusing on sustainability and community impact, including oversight of green finance commitments that reached KSh 53.2 billion in disbursements by 2024, targeting 25% of the loan portfolio as green assets by the end of 2025.^[46]^[47] Key members include Group Director of Finance Lawrence Kimathi Kiambi, appointed on May 1, 2015, who manages financial strategy and reporting with over 25 years of CFO experience from organizations such as East Africa Breweries Limited, BAT PLC, and AIG; Kiambi holds an MBA from Warwick Business School, a BSc in Accounting from United States International University-Africa, and is a Certified Public Accountant of Kenya.^[48] The Group Chief Risk Officer, Faith Basiye, oversees risk management frameworks to support secure expansion, while Acting Group Regional Businesses Director Cosmas Kimario coordinates operations across KCB's international subsidiaries.^[49] Other critical roles encompass Group Director of Technology Dennis Volemi, who advances digital platforms, and Group Director of Strategy and Innovation Mark Mwongela Ngungi, appointed in June 2025 to spearhead fintech integrations and innovative solutions amid the group's push for technological agility.^[49]^[50] The executive team's performance is aligned with group profitability through incentive structures monitored against key metrics, contributing to an 8% net profit growth to KSh 32.3 billion in the first half of 2025, driven by net interest income expansion and cost efficiencies.^[2] Recent enhancements, such as the 2025 strategy role to bolster fintech capabilities and ongoing sustainability efforts under Russo's direction—including partnerships for digital banking transformation—underscore the team's role in positioning KCB for regional leadership in inclusive and innovative finance.^[51]^[52]

Business Operations

Core Services

KCB Group provides a comprehensive suite of banking products tailored to retail, corporate, and small and medium-sized enterprise (SME) customers across its operations. For retail clients, the group offers savings accounts with competitive interest rates, personal loans for various needs, and mortgage financing for home purchases, alongside debit and credit cards for everyday transactions. Corporate banking services include trade finance solutions such as letters of credit and export financing, as well as project funding for large-scale infrastructure and business expansions. SME support encompasses tailored current accounts with no minimum balance requirements, asset-based financing, and agricultural credit facilities to foster business growth.^[53]^[54]^[55]^[56] Digital banking forms a cornerstone of KCB Group's offerings, enabling seamless access through mobile platforms. The KCB M-PESA service, a collaboration with Safaricom, allows M-PESA users to save with up to 7% annual interest, access instant loans starting from KES 1,000, and perform transfers to other banks or wallets. Complementary mobile apps and internet banking facilitate balance checks, bill payments, school fee remittances, and e-statements, enhancing financial inclusion for over 1.2 million users.^[57]^[58]^[59] In addition to core banking, KCB Group extends non-banking services through specialized units. KCB Bancassurance provides insurance products, including life assurance options like endowment policies and funeral expense covers, as well as general insurance for health, motor, property, and travel risks. Investment management is handled via KCB Investment Bank, offering fixed deposits, treasury bills, bonds, and dual currency accounts, while asset finance supports equipment leasing and hire purchase for businesses. These services are delivered through bancassurance intermediaries and integrated platforms for one-stop financial solutions.^[60]^[61]^[62] The group emphasizes innovation in its service portfolio, particularly in sustainable finance and digital integrations. In 2024, KCB disbursed KSh 53.2 billion in green loans to fund renewable energy, e-mobility, and climate-resilient agriculture projects, representing a 140% increase from the previous year and comprising 21.3% of its lending portfolio, with a target of 25% green assets by 2025. Fintech integrations, such as partnerships for mobile money and API-based services, enhance product accessibility, while CSR-linked offerings tie loans to community impact initiatives like financial literacy programs. These efforts screened KSh 578.3 billion in loans for environmental and social risks in 2024.^[63]^[64] As of the first half of 2025, KCB Group's revenue structure reflected a balanced mix, with interest income accounting for approximately 70% of total revenue at KSh 69.1 billion out of KSh 98.6 billion, and non-interest income contributing the remaining 30% from fees, commissions, and other services. This breakdown underscores the group's reliance on lending activities while diversifying through ancillary products.^[65]^[2]

Subsidiary Companies

KCB Group's subsidiary structure primarily consists of banking entities operating across East and Central Africa, alongside select non-banking units focused on insurance, asset management, and corporate social responsibility. The core banking arm, KCB Bank Kenya Ltd, serves as the largest subsidiary, holding approximately 69% of the group's total assets and operating over 200 branches nationwide, licensed by the Central Bank of Kenya to provide comprehensive commercial banking services including agency banking.^[66]^[13]^[31] The group's regional banking subsidiaries include KCB Bank Tanzania Ltd, which has provided full commercial banking operations since 2002 under a license from the Bank of Tanzania; KCB Bank Uganda Ltd, established in 2007 and regulated by the Bank of Uganda; BPR Bank Rwanda Plc, acquired by KCB Group in 2021 following its initial entry into Rwanda in 2013, operating as a merged entity with 73 branches, 59 ATMs, and 2,242 agents under the National Bank of Rwanda's oversight; KCB Bank Burundi Ltd, launched in 2015 and licensed by the Bank of the Republic of Burundi; KCB Bank South Sudan Ltd, commenced operations in 2017 with a license from the Bank of South Sudan; and Trust Merchant Bank SA in the Democratic Republic of Congo, acquired in 2022 and regulated by the Central Bank of the Congo.^[66]^[67]^[29]^[68] Non-banking subsidiaries encompass KCB Bancassurance Intermediary Ltd, which distributes health, motor, life, and general insurance products; KCB Asset Management Ltd, offering fund management, advisory, and wealth management services; and KCB Foundation, established in 2007 as the group's corporate social responsibility arm dedicated to sustainable development initiatives.^[66]^[69] These subsidiaries are generally wholly owned by KCB Group Plc, subject to local regulatory requirements that may mandate minority local shareholdings in certain jurisdictions, and collectively contributed 33.4% of the group's pre-tax profits for the first half of 2025, underscoring their role in diversified revenue generation.^[66]^[31]

International Presence

KCB Group's international operations extend across six East and Central African countries: Uganda, Tanzania, Rwanda, Burundi, South Sudan, and the Democratic Republic of the Congo (DRC), where it provides banking services through dedicated subsidiaries. These markets represent a significant portion of the group's footprint, with international subsidiaries accounting for 31.4% of the overall balance sheet and contributing 33.4% of profit before tax as of the first half of 2025. The regional branch network totals over 455 locations, with more than 150 dedicated to international operations, enabling access to over 32 million customers across the group's markets.^[2]^[1]^[8] In Tanzania, KCB Bank Tanzania Limited operates a network of 12 branches, emphasizing trade finance to facilitate cross-border commerce and support economic integration within the East African Community. Uganda's KCB Bank Uganda Limited maintains 15 branches, with a strong focus on small and medium-sized enterprises (SMEs) through targeted lending programs, business clinics, and financial literacy initiatives to foster local entrepreneurship. In Rwanda, following the 2022 merger with Banque Populaire du Rwanda (BPR), the resulting BPR Bank Rwanda Plc oversees 73 branches and operates under the oversight of the National Bank of Rwanda, adapting to local regulatory requirements while prioritizing inclusive banking for rural and urban clients.^[70]^[71]^[68] Burundi's KCB Bank Burundi Limited features a modest network of 3 branches, centered in key urban areas to serve trade and remittance needs amid the country's developing economy. In South Sudan, KCB Bank South Sudan Limited runs 20 branches, targeting essential services in a challenging environment marked by infrastructure limitations. The group's presence in the DRC is managed through Trust Merchant Bank (TMB), which has over 100 branches across 20 provinces but temporarily closed 15 branches in early 2025 due to regional security concerns, focusing on expanding financial inclusion in one of Africa's largest economies.^[72]^[73] Nairobi serves as the strategic regional headquarters, coordinating cross-border initiatives and ensuring compliance with diverse local regulations, such as those enforced by the National Bank of Rwanda for BPR operations. International assets and lending activities demonstrated resilience in H1 2025, with the group's overall loan portfolio growing 12% year-over-year (excluding divestitures), propelled by demand for cross-border trade finance and sustainable lending products like green loans totaling KShs 26.9 billion issued in select markets.^[2]^[67]

References

[1]
Opening Doors of Opportunity since 1896 - KCB Group
KCB Group Plc is East Africa's largest commercial Bank and was established in 1896. The Group is headquartered in Kenya, with the country serving as the lead ...
[2]
Shareholder Profile - KCB Group
The Group has a diverse base of investors and has been listed on the Nairobi Securities Exchange since 1988. It has since been cross listed on the Dar-es ...
[3]
History - KCB Group
KCB opens a new headquarters. The building today houses the Kenya National Archives. 1977. The Bank in the Moi Era. Timeline. The bank holds its first ...
[4]
KCB Group
It also owns KCB Bancassurance Intermediary limited, KCB Investment Bank, KCB Asset Management, KCB Foundation and other associate companies. The Group has an ...KCB BankInternet BankingUgandaCareersWhat We Do
[5]
[PDF] KCB Group Plc to Pay KShs.13B in Dividends as Net Profit Grows 8 ...
Aug 13, 2025 · August 13, 2025. KCB Group Plc to Pay KShs.13B in Dividends as Net Profit Grows 8% to KShs. 32.3B. Total Assets Close the Period at KShs.
[6]
Investor Relations - KCB Group
KCB Group Plc is a registered non-operating holding company that oversees KCB Bank Kenya and all the regional subsidiaries. It also owns KCB Bancassurance ...
[7]
Africa's best bank for corporate responsibility 2025: KCB Group
Jul 18, 2025 · KCB Group set the benchmark for corporate responsibility in Africa in 2024, combining scale, structure and measurable outcomes to deliver ...
[8]
Photo: KCB Plaza, Nairobi | CK - Construction Kenya
Sep 1, 2020 · The KCB Plaza has 21 levels consisting of 228,330 square feet of rentable office space and parking for about 450 vehicles. The building has the ...Missing: height floors
[9]
https://www.euromoney.com/article/a3m2quxt0mwwc44c4oos00ksk/africas-best-bank-for-corporate-responsibility-2025-kcb-group/
[10]
Kenya Commercial Bank Plaza (Building) - Mapy.com
KCB Plaza is a modern 21-story skyscraper in Nairobi's Upper Hill district, completed in 2015 ... date founded: 2015. height: 100 m. floors above ground: 21 ...
[11]
Branches - KCB Kenya Website - KCB Bank
KCB Bank has the highest number of branches across East Africa, with over 250 branches and in Kenya we have 192 branches which can be easily located.
[12]
Contact Us - KCB Foundation
Kenya · Kencom House, Moi Avenue · Nairobi City Center · Email: kcbfoundation@kcb.co.ke · Tel: +254 (20) 3270199.
[13]
Bank History | CBK
In July 1896 the National Bank of India established a branch in Mombasa renting premises from Sheriff Jaffer. The spread continued to 1904 when they opened ...Missing: Group origins
[14]
KCB Group Plc (KCB.ke) - AfricanFinancials
The government of Kenya bought a 60% stake in National & Grindlays Bank and took full control of it in 1970; renaming it Kenya Commercial Group. It was ...
[15]
Govt-Owned Banks - History Of Banking in Kenya
Jun 2, 2022 · The government set up Kenya Commercial Bank after buying a 60% stake ... In November 1976 the government assumed full ownership of KCB by ...
[16]
The Kenya Commercial Bank Story - The Privatization Commission
KCB offered an IPO in 1988 that saw the sale of 20 per cent of the Government's shares in the Company. In 1989, the bank saw a 41.5% increase in pre-tax ...Missing: partial listing NSE 1996 2000s
[17]
Our Story - Nairobi Securities Exchange PLC
1996: Privatization of Kenya Airways where more than 110, 000 shareholders acquired stake in the airline and the Government of Kenya reduced its stake from 74% ...Missing: partial | Show results with:partial
[18]
[PDF] THE FIRST SIX DECADES - International Finance Corporation (IFC)
It all began in 1976 with a $2 million line of credit to Kenya Commercial Bank (KCB), which then provided smaller sub-loans and business advice to local SMEs.
[19]
[PDF] Kenya: Ex Post Assessment of Longer-Term Program Engagement
This IMF report assesses Kenya's longer-term program engagement, covering economic performance, fund relations, and key issues in fund engagement.
[20]
KCB Bank South Sudan Limited - Wikipedia
KCB Bank South Sudan Limited ; Private · Financial services · 2005 · Juba, South Sudan · Peter Muthoka (group chairman).
[21]
KCB Group to increase investment in South Sudan
Oct 27, 2025 · KCB group moved into South Sudan in 2006. It established over 20 branches in the country and grew its customer base to 138,000 as of 2014.
[22]
[PDF] Pillar III Annual Disclosures - KCB Bank Uganda
Dec 31, 2024 · KCB Bank Uganda Ltd (KCBU) was incorporated in 2007 in Uganda as a Tier 1 Commercial Bank. Risk Management is an integral process in the conduct ...
[23]
KCB Group - Wikipedia
KCB Group Limited, also known as the KCB Group, is a financial services holding company based in the African Great Lakes region.
[24]
Actualités: Lancement officiel de KCB Burundi - KCB Group
Le 8 Mai 2012, KCB Burundi LTEE a été lancée officiellement par son H.E. le Président du Burundi Pierre Nkurunziza au Boulevard Patrice Lumumba.
[25]
KCB Profile - Dar es salaam Stock Exchange
KCB Group is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016.Missing: formation | Show results with:formation
[26]
KCB Group PLC Completes Take-over of National Bank of Kenya ...
Sep 6, 2019 · KCB Group PLC Completes Take-over of National Bank of Kenya Limited, Picks Integration Team. KCB Group PLC (KCB) ... date on August 30, 2019.
[27]
BPR Bank Rwanda 2025 Company Profile - PitchBook
When was BPR Bank Rwanda acquired? BPR Bank Rwanda was acquired on 25-Aug-2021. Who acquired BPR Bank Rwanda? BPR Bank Rwanda was acquired by KCB Group.
[28]
[PDF] KCB Group Plc Completes Acquisition of DRC based Trust Merchant ...
Dec 14, 2022 · KCB Group Plc has announced the completion of Trust Merchant Bank SA (TMB) after receiving all the regulatory approvals.
[29]
KCB Group H1 2025 slides reveal 8% profit growth, special dividend ...
Aug 18, 2025 · KCB Group reported a net profit of Ksh 32.3 billion for H1 2025, representing an 8% increase compared to the same period in 2024. The bank ...
[30]
KCB subsidiaries drive a third of group earnings in strong H1 2025 ...
Aug 13, 2025 · For the six months ended June 30, 2025, subsidiaries outside KCB Bank Kenya accounted for 33.4 per cent of the Group's overall profit before tax ...
[31]
[PDF] INTEL INDUSTRY COUNTRY PURSUITS TRENDS - KCB Bank
This is anticipated to drive up tourism numbers from the US, Kenya's fourth-largest source market at the same time strengthen JKIA as the regional hub for East ...Missing: timeline | Show results with:timeline
[32]
KCB's Ethiopia expansion hits roadblocks - The Africa Report
Jul 21, 2025 · With foreign licensing rules in place, Kenya's KCB hopes to be a first mover in Ethiopia. But stringent regulations may make entry tougher, ...
[33]
KCB Group (NSE:KCB) Stock Quote - African Stock Exchanges
The current share price of KCB Group (KCB) is KES 67.75. KCB closed its last trading day (Tuesday, November 11, 2025) at 67.75 KES per share on the Nairobi ...
[34]
[PDF] KCB Group Shareholder Profile June 2025
Jun 30, 2025 · KCB GROUP PLC SHAREHOLDER PROFILE. Profile. Number of. Shareholders. Number of. Shares. Percentage of. Shareholding.Missing: structure | Show results with:structure
[35]
Share ownership KCB Group PLC - MarketScreener
Major shareholders: KCB Group PLC ; Government of Kenya. 19.76 %. 635,001,947, 19.76 %, 279 M KES ; National Social Security Fund Kenya. 10.01 %. 321,734,192 ...
[36]
KCB Group PLC Insider Trading & Ownership Structure
Top Shareholders. Top 16 shareholders own 4.3% of the company. Norges Bank Investment Management.
[37]
[PDF] Development of the Nairobi Stock Exchange: A Historical Perspective
This paper explores the evolutionary process of the stock market in Kenya and identifies the institutional and policy changes that have shaped the development.<|control11|><|separator|>
[38]
Compliance - KCB Group
KCB Board has approved a Compliance Charter that provides the guiding first principles for the compliance function in managing compliance risks at the KCB Group ...Missing: ownership NSE
[39]
[PDF] KCB GROUP PLC CORPORATE DISCLOSURE POLICY
May 22, 2025 · This Corporate Disclosure Policy (the "Policy") outlines the principles and procedures for disclosing material information to shareholders,.Missing: CBK | Show results with:CBK
[40]
[PDF] Integrated Report and Financial Statements 2020
(KCB) Group. He is currently the Chairman of Jambo Credit Limited. Prior to this, he served at the Central Bank of Kenya (CBK) as Deputy. Chief Banking ...
[41]
KCB Group PLC: Governance, Directors and Executives & Committees
Composition of the Board of Directors: KCB Group PLC ; Joseph Kinyua. 73 year. Chairman, 2023-05-25. Independent Dir/Board Member, 2023-05-25 ; Alice May Kirenge.
[42]
Group Board of Directors - KCB Group
Group Board of Directors ; FCS DR. JOSEPH KINYUA. Group Chairman ; National Treasury (Geoffrey Malombe). Director ; LAWRENCE NJIRU. Director ; AHMED MAHMOUD.Missing: composition 2025
[43]
KCB Group Plc (KCB.ug) 2024 Annual Report - AfricanFinancials
Mar 27, 2025 · KCB's governance structure includes specialized Board committees for audit & risk, oversight, strategy & IT, HR & governance, and ...
[44]
KCB Group AML-KYC-Sanctions Policy Statement 2024
The KCB Group Boards of Directors have set up independent compliance functions reporting to the relevant Board Risk Management Committees though appropriate ...
[45]
PAUL RUSSO, EBS
### Summary of Paul Russo, EBS - KCB Group
[46]
KCB Group Commits KSh 53 Billion to Green Finance, Targets 25 ...
Oct 7, 2025 · KCB Group has significantly scaled up its green finance initiatives, disbursing KSh 53.2 billion in green loans in 2024, demonstrating a ...
[47]
LAWRENCE KIMATHI KIAMBI
### Summary of Lawrence Kimathi Kiambi's Profile
[48]
Group Executive Management - KCB Group
PAUL RUSSO, EBS. Group Chief Executive Officer ; LAWRENCE KIMATHI KIAMBI. Group Director, Finance ; ANNASTACIA KIMTAI. MD KCB Bank Kenya Ltd ; COSMAS KIMARIO. Ag.Missing: composition 2025
[49]
KCB Appoints First Group Strategy Head - CIO Africa
Jun 5, 2025 · KCB Group has appointed Mark Mwongera Ngungi as its first-ever Group Director of Strategy and Innovation, signaling a significant shift in how the bank ...
[50]
KCB Bank Kenya taps Sopra Banking Software for digital ...
KCB Bank Kenya taps Sopra Banking Software for digital transformation ... Paul Russo, CEO of KCB Group. Eric Bierry, CEO of Sopra Banking Software ...Missing: initiatives | Show results with:initiatives
[51]
Sustainability - KCB Group
Within the KCB Group, the Board and Executive Committee assume vital leadership roles in overseeing the Bank's sustainability initiatives. Their core ...
[52]
KCB Bank Kenya, Personal Banking Services, Best Bank in Kenya ...
KCB Bank is one of the top banks in Kenya that offers a range of finance products like savings accounts, loans, insurance, investments, debit & credit cards ...Diaspora Banking · KCB M-Pesa · KCB Chama · KCB SAHLMissing: Towers | Show results with:Towers
[53]
Business Current Accounts in Kenya - KCB Bank
The SME Current account has no minimum balance, includes a cheque book, financing access, free monthly statements, and has a Kes 300 maintenance charge.
[54]
SME - KCB Bank Uganda
Everyday needs · Agricultural Credit Facility · Professional Indemnity · Money Insurance · Business Club · Asset Based Financing · Insurance Premium Financing.
[55]
Corporate - KCB Bank Uganda
Explore a variety of Corporate Financial Solutions. Our Corporate Solutions: Open an Account, Get Protection, Custody Services, Get Financing, Contact Us.
[56]
KCB M-Pesa
KCB M-PESA account is a mobile based banking service for M-PESA customers. You can save for a fixed period of time and earn interest of up to 7% p.a..
[57]
KCB Mobile Banking in Kenya, KCB Mobi Bank, KCB M-Benki
You can conveniently transfer money to any KCB account, accounts in other banks, to M-PESA & Vooma wallets with ease. 4. Pay school fees. Pay schools fees for ...Internet Banking · Deals · Papss · ATMs
[58]
https://ke.kcbgroup.com/ways-of-banking/mobi
[59]
KCB Insurance Agency - KCB Group
What would you like to insure?Select a product to get a quote · Health Insurance · Motor Insurance · Property Insurance · General Insurance · Life Assurance · More ...Health Insurance · Motor Insurance · Life Assurance · More Products
[60]
KCB Bancassurance | BPR Bank
KCB Bancassurance offers comprehensive insurance solutions including life, health, asset protection, motor, fire, burglary, money, and travel insurance.
[61]
Investments - Nairobi - KCB Bank
KCB offer you a wide range of investment solutions like fixed deposit account, dual currency deposits, treasury bills & bonds, call deposits, ...
[62]
KCB Scales Up Sustainable Finance, Disburses KSh 53.2 Billion in ...
Oct 7, 2025 · KCB Group has deepened its leadership in sustainable finance, screening loans worth KSh 578.3 billion for environmental and social risks and ...
[63]
KCB Doubles Green Loans Disbursement to KES 53 billion
May 17, 2025 · KCB Group disbursed more than double the green loans in 2024, emerging among the leaders in the competition among banks to green up their loan portfolios.
[64]
KCB Group PLC Reports Earnings Results for the Half Year Ended ...
Aug 12, 2025 · For the half year, the company reported net interest income was KES 69,135.64 million compared to KES 61,327.18 million a year ago. Net income ...<|control11|><|separator|>
[65]
KCB Group Subsidiaries
Founded in 1975, BPR Bank Rwanda Plc (a subsidiary of KCB Group Plc) is a commercial bank regulated by the National Bank of Rwanda operating with a Network of ...Missing: date | Show results with:date<|separator|>
[66]
KCB Group PLC Completes Acquisition of Banque Populaire du ...
Aug 25, 2021 · The plan, said Mr Oigara, is to eventually create one banking entity in Rwanda to be named BPR Bank by merging KCB Bank Rwanda and BPR. The ...
[67]
https://ke.kcbgroup.com/about-us/news-room/business/kcb-group-plc-completes-acquisition-of-banque-populaire-du-rwanda-plc-bpr
[68]
KCB Bank Tanzania Limited - Wikipedia
KCB Bank Tanzania Limited, also KCB Bank Tanzania, is a commercial bank in Tanzania. It is one of the twenty-nine (29) banks licensed by the Bank of Tanzania.Missing: entry date
[69]
BPR Bank commits to people, tech, and partnerships as it marks 50 ...
Since its establishment in 1975, BPR is now the bank with the largest network in Rwanda, as it currently operates 73 branches, 2,242 agents, 59 ATMs, and ...
[70]
Branch Network and Rep Office - TMB
TMB offers banking services in 20 of the 26 provinces of the DRC. TMB boasts the country's largest branch network with some 100 branches plus.Missing: 2025 | Show results with:2025